Rate-And-Term Refinance Locks Surge 700% Over Previous Year
Optimal Blue's September 2024 Market Advantage mortgage data report cited the FOMC rate cut as the main trigger for activity
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Tagged: rate locks
An Estimated 4M Loans Await Refinancing Once Rates Hit 6%
CoreLogic determines how many loans would be ripe for a refi if rates drop again
Sep 10, 2024
July Refinance Activity, Rate Lock Volume See Increases
Optimal Blue's July 2024 Market Advantage mortgage data report shows a lift in mortgage activity as interest rates dip
Aug 12, 2024
Rate Lock Volume Jumps More Than 15% In March
Broader economic uncertainty makes for a challenging 2024, MCT's head of trading says.
Apr 12, 2024
Zillow Survey Reveals Growing Number Of Homeowners Eager To Sell, Easing 'Rate Lock' Concerns
Increasing homeowner willingness to sell, regardless of mortgage rates, coupled with improving affordability signals a potential shift in the housing market dynamics for 2024.
Jan 16, 2024
November Mortgage Lock Volume Drops By 10.7%: MCT Indices Report
Holiday season contributes to decrease; experts eye federal reserve's impact on mortgage rates.
Dec 18, 2023
Mortgage Rates Buck Upward Trend In November, Boosting Refinance Activity
Despite a 10% drop in lock volume, low rates drive refinance to highest level since February; credit scores and loan amounts see changes.
Dec 12, 2023
MCT's November Report Shows 17% Reduction In Mortgage Lock Volume
Loan origination predicted to remain low in the new year
Nov 07, 2023
Mortgage Rate 'Lock-In Effect' Only Partly To Blame For Decline In Home Listings
Fannie Mae survey reveals a blend of financial and non-financial factors behind homeowners' decisions to stay put, with aging-in-place and home attachment also playing pivotal roles.
Oct 31, 2023
Optimal Blue Reports Sharp Decline In Rate Lock Volumes
September sees 20% drop in rate lock volumes, marking a four-month downward trend, amidst rising interest rates and seasonal purchase fluctuations.
Oct 12, 2023